Sunday, November 15, 2020

Jim Rickards: Gold and Silver Have Never Looked Better

Jim Rickards lent his insight on what he thinks is the Fed’s need to keep lending rates low for quite a while, stating one thing as “certain”:

"That will destroy traditional fixed-income investments. The institutional investors who rely on those assets the most — pension funds, insurance companies, university endowments — will inevitably turn to gold as an alternative."

If institutional investors will eventually turn to gold, then now is a good time for you to consider whether or not following their lead would be a good idea.

Holding assets such as physical gold and silver can help provide a hedge against uncertain economic conditions.

- Source, WBAP